News / Egypt

Equity Real Estate Development Sells 65% of ‘The Capital Way’ at New Capital

Equity Real Estate Development has sold 65% of the total units of "The Capital Way", its flagship project in the New Administrative Capital, within one month of launching the project,

Egypt Property Show Starts in Dubai with Egypt’s Top Real Estate Developers

The second edition of Egypt Property Show (EPS), returned to Dubai on April 11 at the Dubai World Trade Centre, offering numerous investment opportunities in Egypt’s real estate market,

NUCA Cuts Penalties on Delayed Payments for Units and Plots in New Cities

The New Urban Communities Authority (NUCA) has approved the reduction of penalties imposed on individuals and developers for delayed payments, for residential and commercial units and small land plots of less than 8400 square meters, within all new cities, purchased through the authority

Misr Italia Properties to Start Implementing Two Projects Worth EGP 24 bn this year

Egypt’s real estate developer Misr Italia Properties is planning to start implementing two projects worth EGP 24 bn this year

OUD Introduces New Concept for Green Living Through Azadir

Orientals for Urban Development (OUD) has launched on April 3 its latest compound, Azadir, aiming to promote a green healthier living environment

Leading Egyptian Developers Participate in Dubai’s IPS

The International Property Show (IPS) was launched on April 9, 2018 at the Dubai World Trade Center with the participation of a number of leading Egyptian real estate developers

Russia Resumes Flights to Egypt After Over 2 Years Suspension

Aeroflot announced it will operate three flights a week from Moscow to Cairo, on Saturday, Monday, and Wednesday, and flights from Cairo to Moscow on Sunday, Tuesday, and Thursday

Orascom Development, NUCA Announce Joint West Cairo Project

Orascom Development Egypt (ODE) is developing a 1,000-feddan land plot in West Cairo for its first housing project in the capital in partnership with the New Urban Communities Authority (NUCA)

SODIC, MNHD to Enter into Talks to Explore Merging, Acquisition

Sixth of October Development and Investment Company (SODIC) says it will enter into preliminary talks with Madinet Nasr Housing & Development (MNHD) to explore potential strategic alternatives for the two entities by way of merger or acquisition

Egyptian Inflation Rates Fall to Lowest Levels in Almost 2 Years

Egypt’s inflation rates fell in March to their lowest levels in almost two years, paving the way for more interest rate cuts in the wake of a 2-percentage-point decline since February

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